Question 1? When the government increases personal income taxes. Q as increases O ADdecreases O AD increases Q AE- decreases Question 18 Pessimism regarding the future of the economy leads to Q increase inll O decrease in A5 O decrease in AD Q increase in A5 Question 19 Consider the following aggregate demand and supply schedules for a hypothetical economy. Amount of Real Price Level Amount of Real Output Demanded linden Value! Du_tEIut Supplied 51 .1111!) $225 semen Lea-u zen 2,500 mean 115 2.0110 Lane 150 1,500 amen 125 men amen 12:: see If the potential real GDP in the economy is $2500. The amount of GDP gap is equal to :3 acre:- O 25 Q 2500 05m